Tamilnad Mercantile Bank Ltd
NSE:TMB
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| IN |
T
|
Tamilnad Mercantile Bank Ltd
NSE:TMB
|
99.6B INR |
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|
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
870.4B USD |
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|
|
| ZA |
C
|
Capitec Bank Holdings Ltd
JSE:CPI
|
512.3B ZAR |
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|
|
| ZA |
S
|
Standard Bank Group Ltd
JSE:SBK
|
501.9B ZAR |
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|
|
| US |
|
Bank of America Corp
NYSE:BAC
|
408.1B USD |
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|
|
| CN |
|
Industrial and Commercial Bank of China Ltd
SSE:601398
|
2.6T CNY |
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|
|
| CN |
|
Agricultural Bank of China Ltd
SSE:601288
|
2.3T CNY |
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|
|
| CN |
|
China Construction Bank Corp
SSE:601939
|
2.3T CNY |
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|
|
| UK |
|
HSBC Holdings PLC
LSE:HSBA
|
225.3B GBP |
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|
|
| US |
|
Wells Fargo & Co
NYSE:WFC
|
291.7B USD |
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|
| CA |
|
Royal Bank of Canada
TSX:RY
|
325.7B CAD |
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|
Market Distribution
| Min | -305 007.7% |
| 30th Percentile | 2.1% |
| Median | 5.8% |
| 70th Percentile | 11.6% |
| Max | 1 221 633.3% |
Other Profitability Ratios
Tamilnad Mercantile Bank Ltd
Glance View
Tamilnad Mercantile Bank Ltd. engages in the provision of banking services. The company is headquartered in Thoothukudi, Tamil Nadu. The company went IPO on 2022-09-15. The bank operates through four segments: Treasury, Corporate / Wholesale Banking, and Retail Banking. Its treasury operations focus on the management of its funds, maintenance of statutory reserves (cash reserve ratio and statutory liquidity ratio), asset liability gaps, interest rate risks, liquidity positions, investments, and trading activities. The company also manages trades in equity and forex instruments. The bank offers commercial banking products to its customers including current account facilities, online services, such as Internet banking, and short message service (SMS) alerts, and foreign exchange services. The company provides various kinds of loans. The company also offers other services including online fee payment, online bill payment, forex services, and Demat services. The bank offers a secure application, TMB DigiLobby, for customers to view all their account balances and transactions on their mobile devices.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Tamilnad Mercantile Bank Ltd is 37.5%, which is below its 3-year median of 38.2%.
Over the last 3 years, Tamilnad Mercantile Bank Ltd’s Net Margin has increased from 35.3% to 37.5%. During this period, it reached a low of 35.3% on Jun 30, 2022 and a high of 38.7% on Sep 30, 2024.